Bal Harbour of Shalimar
Homes for Sale in Shalimar, FL
All 52 homes for sale in Shalimar, FL · median $470,000 · 38 homes for sale in 32579 · Okaloosa County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Emerald Coast MLS
As of September 2026, the MLS records 9 closed sales in Bal Harbour of Shalimar in Shalimar, FL since 1999, the most recent in June 2026. Across Shalimar as a whole, 50 homes closed in the last 12 months at a median of $395,000, 39 median days on market, with 33 homes for sale today. At that median and Okaloosa County's FY2025-26 rate of 12.89 mills, annual property tax runs about $5,090 ($4,580 with the full homestead exemption).
In Bal Harbour of Shalimar, price is driven by the home itself, not by shared amenities or a uniform product. With just 30 homes and a build span running from 1955 to 2013, you are comparing houses that were designed decades apart, so condition, updates, and lot position carry the valuation. The median year built lands right around 1990 and the median footprint is a substantial 2,678 square feet — this is a pocket of larger, established homes rather than starter stock.
For sellers, the small size of the community means comps are thin and every recent sale matters; a well-updated home can set the tone while a dated one sits until the price reflects the work it needs. For buyers, expect a wide spread in condition and pricing that tracks it. With roughly 77% of homes held as homestead, turnover is limited, so serious buyers should be ready to move when the right house lists.
Nearby homes for sale
No active listings inside BAL HARBOUR OF SHALIMAR right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Bal Harbour of Shalimar is a compact, owner-occupied enclave of about 30 established homes in Okaloosa County, where the appeal is space and location rather than any built-in amenity package.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
Who Bal Harbour of Shalimar is best for.
Best for
- Buyers wanting a larger home, around 2,600-plus square feet, in an established setting
- Buyers comfortable renovating an older home to build value on their own terms
- Long-hold owner-occupants who value a small, stable, low-turnover pocket
Probably not for
- Buyers who want amenity-driven living with a pool or clubhouse
- Buyers who need a broad selection and quick availability of listings
- Buyers seeking uniform, new-construction product with predictable finishes
The market around Bal Harbour of Shalimar
Bal Harbour of Shalimar is too small for its own price trend, so here is the market around it.
In ZIP 32579, 124 homes are on the market and 36% are under contract — a fast-moving corner of Shalimar.
Across Okaloosa County, 2,265 homes are active and 765 pending (25% under contract).
In ZIP 32579 (Shalimar), 146 homes closed in the last 12 months at a median of $325K, up 5.2% year over year, with a median 40 days on market. Right now 32 active and 15 pending listings put supply at about 3.7 months — a healthy market. See the live ZIP 32579 housing market and the Okaloosa County market.
ZIP and county figures describe the wider market, not Bal Harbour of Shalimar specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in BAL HARBOUR OF SHALIMAR, Shalimar
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Listing data provided by the Emerald Coast Association of REALTORS®. Information is deemed reliable but is not guaranteed by the MLS to be accurate. Deemed reliable but not guaranteed.
Recent Developments in Bal Harbour Of
Development, infrastructure, retail, and school activity affecting Bal Harbour Of, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.
- June 2026Civic
DeSantis signs state budget with funding for Okaloosa County projects
Governor DeSantis signed the state budget that included roughly $15 million for 20 Okaloosa County projects, among them $5 million for the Northwest Florida State College Workforce Innovation Center in Niceville, $1.5 million for Shalimar Bridge Park, and $3 million for Destin road and drainage work. About $7.26 million in other local requests were vetoed.
What it may mean for the marketDirects state funding toward workforce, park, road, and drainage infrastructure across Okaloosa County, supporting public facilities and capacity in Niceville, Shalimar, and Destin. The site is about 10 miles south of Bal Harbour Of.
Source: Get The Coast - May 2026Development
Okaloosa commissioners approve master plan for 392-lot River Park subdivision in Crestview
Okaloosa County commissioners unanimously approved the master plan for River Park, a 392 lot single family subdivision on 263 acres east of Main Drive and north of Airport Road in Crestview. The project by River Park Landing LLC will be built in three phases, with each phase requiring a separate development order approval.
What it may mean for the marketAdds substantial single family housing supply to the Crestview market and phases new residential construction onto a large tract in north Okaloosa County. The project is about 8 miles north of Bal Harbour Of, elsewhere in Okaloosa County.
Source: Get The Coast - May 2026Infrastructure
Okaloosa County opens $212M Southwest Crestview Bypass
Okaloosa County opened the $212 million Southwest Crestview Bypass, a 3.5 mile four lane corridor connecting Antioch Road to State Road 85 with access from U.S. Highway 90. The project includes a 1,713 foot bridge, sidewalks, a multi use path, and direct access to the new Pineview K-8 school opening in August 2026.
What it may mean for the marketAdds a major four lane traffic corridor serving southwest Crestview and expands regional road capacity for surrounding growth in north Okaloosa County. The project is about 5 miles northwest of Bal Harbour Of, elsewhere in Okaloosa County.
Source: Get The Coast
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
The Bal Harbour of Shalimar buying strategy.
If we were buying in Bal Harbour of Shalimar today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Bal Harbour of Shalimar.
A small pocket of larger, established homes
The defining trait here is scale and age variety. Homes range from mid-1950s builds to construction as recent as 2013, with the median around 1990 and a median living area near 2,678 square feet. That means most houses offer real room, but the mechanicals, roofs, and finishes will vary dramatically from one address to the next. Two homes on the same street can be a generation apart in systems and style.
No community amenities turn up in current MLS listings — there is no HOA-driven pool or clubhouse in the data to price against. Value therefore comes from the home and its position in Shalimar. Buyers should budget for inspection and, on older stock, for updates; sellers should lean on condition and recent improvements to stand out in a market this small.
The location and the amenities are priced into every listing in Bal Harbour of Shalimar. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
A 30-home community with a high homestead share and a wide build range is exactly the kind of market where thin comps and condition swings can mislead you. We read each listing on its own merits — age of systems, footprint, and how it stacks against the few relevant sales — so buyers do not overpay for a dated house and sellers do not underprice an updated one.
Bal Harbour of Shalimar in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Bal Harbour of Shalimar buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Bal Harbour of Shalimar sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Bal Harbour of Shalimar, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Bal Harbour of Shalimar home worth?
Get a no-obligation home value based on real comparable sales in Bal Harbour of Shalimar, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See all homes for sale in Shalimar →
Should you buy in Bal Harbour of Shalimar?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Emerald Coast MLS, refreshed twice daily (last: September 15, 2026) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-09-08 |
| Historical depth | Closed-sale records back to 1999 (9 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Emerald Coast MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Emerald Coast MLS member average and 8 days faster, and we’ll price yours against live local comps.
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See how BAL HARBOUR OF SHALIMAR fits the bigger picture — live prices, inventory, and Momentum Scores:
Common questions about Bal Harbour of Shalimar
Where is Bal Harbour of Shalimar?
Bal Harbour of Shalimar is a community in Shalimar, Okaloosa County, Florida, ZIP 32579.
Are there homes for sale in Bal Harbour of Shalimar right now?
No active listings inside Bal Harbour of Shalimar at the last feed refresh. The nearest homes for sale, with distances from the community, are shown on this page and refreshed nightly.
Does Bal Harbour of Shalimar have an HOA or CDD?
No HOA is on record for Bal Harbour of Shalimar in our data. Verify dues, what they cover, and any special assessment for a specific address before you offer.
Answers are generated from county property records, MLS feeds and the figures on this page, as of the page date; deemed reliable but not guaranteed.
More Shalimar & Destin, Okaloosa & Walton (Emerald Coast) guides
Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Destin, Okaloosa & Walton (Emerald Coast) or the full Neighborhood Finder.
Nearby Communities
Explore more neighborhoods near Bal Harbour of Shalimar with Momentum Realty’s local guides.
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Okaloosa County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Okaloosa County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
BAL HARBOUR OF SHALIMAR Market Scorecard
BAL HARBOUR OF SHALIMAR is currently a no active listings market. Limited supply, a median asking price of n/a.
Typical home value in the 32579 ZIP is $388,946, about 20.4% below the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.